Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Breaking News

ADB approves $200m for Pakistan to develop irrigation system

byCT Report
15/12/2021
in Breaking News, Business, Latest News
Share on FacebookShare on Twitter

ISLAMABAD: The Asian Development Bank (ADB) approved a $200 million loan for the development of an irrigation system in Punjab province in Pakistan that will help increase agricultural productivity and enhance food security.

According to a statement issued by the Manilla-based financial institution, the project loan, which is denominated in Japanese yen, will finance the construction of the second branch or Choubara system of the Greater Thal Canal irrigation scheme.

You might also like

PIAF welcomes Rs200b tariff relief, calls for comprehensive industrial reforms

01/06/2026

FBR recovers Rs4m from Cheezious in tax compliance action

01/06/2026

“The scheme will provide reliable irrigation water supply to 704,000 hectares of land in Bhakkar, Jhang, Khushab, Layyah, and Muzaffargarh districts, making them more agriculturally productive,” it said.

“Given Pakistan’s vulnerability to the impacts of climate change, it is essential to build irrigation infrastructure for climate-resilient and sustainable agriculture,” said ADB Director General for Central and West Asia Yevgeniy Zhukov.

“ADB’s support will help boost the supply of local produce and promote food security while increasing economic growth.”

Punjab is the main source of food production for Pakistan’s growing population, producing a significant portion of the country’s wheat, rice, sugarcane, and maize. Because of Pakistan’s semi-arid climate, agricultural production is highly dependent on irrigation.

Yet, irrigation efficiency remains low due to water shortages, land degradation, and mismanagement of water resources.

“By integrating infrastructure and agricultural interventions, this project directly supports smallholder farmers to manage their limited resources more efficiently and maximize the benefits from irrigated agriculture,” said ADB Principal Portfolio Management Specialist Natsuko Totsuka.

“The project will strengthen the capacity of local authorities to maintain these irrigation systems, boost rural economic growth and help to reduce poverty in the province.”

Related Stories

PIAF welcomes Rs200b tariff relief, calls for comprehensive industrial reforms

byCT Report
01/06/2026

LAHORE: The Pakistan Industrial and Traders Associations Front (PIAF) has welcomed the government’s decision to provide approximately Rs200 billion in...

FBR recovers Rs4m from Cheezious in tax compliance action

byCT Report
01/06/2026

SAHIWAL: The Federal Board of Revenue (FBR) has recovered Rs. 4 million from popular fast-food chain Cheezious following an enforcement...

FBR revenue shortfall swells to Rs868b as tax collection misses target

byCT Report
01/06/2026

ISLAMABAD: The Federal Board of Revenue (FBR) recorded a revenue gap of Rs868 billion during the first 11 months of...

Pakistan likely to allocate Rs1,126b for development projects in budget 2026-27

byCT Report
01/06/2026

ISLAMABAD: Pakistan is expected to allocate around Rs1,126 billion for development projects in the upcoming federal budget 2026–27, according to...

Next Post

POS system: FBR to distribute prizes worth Rs53m every month

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.